8,631 Shares in Capital Group Municipal Income ETF (NYSEARCA:CGMU) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new position in Capital Group Municipal Income ETF (NYSEARCA:CGMU) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 8,631 shares of the company’s stock, valued at approximately $234,000.

Other institutional investors also recently modified their holdings of the company. Valmark Advisers Inc. bought a new stake in Capital Group Municipal Income ETF during the 4th quarter valued at about $1,064,000. Allworth Financial LP bought a new stake in shares of Capital Group Municipal Income ETF during the fourth quarter valued at approximately $669,000. Principal Securities Inc. raised its holdings in Capital Group Municipal Income ETF by 16.0% in the 4th quarter. Principal Securities Inc. now owns 165,656 shares of the company’s stock worth $4,459,000 after acquiring an additional 22,832 shares during the last quarter. American Financial Advisors LLC lifted its position in Capital Group Municipal Income ETF by 10.8% in the 4th quarter. American Financial Advisors LLC now owns 17,818 shares of the company’s stock valued at $480,000 after acquiring an additional 1,741 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its position in Capital Group Municipal Income ETF by 21.9% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 16,700 shares of the company’s stock valued at $450,000 after acquiring an additional 3,000 shares in the last quarter.

Capital Group Municipal Income ETF Stock Down 0.1 %

Shares of NYSEARCA:CGMU opened at $27.18 on Thursday. Capital Group Municipal Income ETF has a 1 year low of $26.56 and a 1 year high of $27.54. The stock’s fifty day moving average price is $27.03 and its 200-day moving average price is $27.19.

Capital Group Municipal Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were issued a $0.0626 dividend. The ex-dividend date was Friday, January 31st.

About Capital Group Municipal Income ETF

The Capital Group Municipal Income ETF (CGMU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds of varying maturities, exempt from regular federal income tax. CGMU was launched on Oct 25, 2022 and is managed by Capital Group.